SG Care: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SG Care
Largest movements
- Receivables within one year +€8,043
up €8,043 (+75.5%), from €10,646 to €18,688
of which Trade receivables: +€13,314
- Cash +€7,646
up €7,646 (+39.0%), from €19,597 to €27,242
mainly Trade debts (+€5,736) and Tax, wage and social debts (+€5,181)
- Tangible fixed assets -€572
down €572 (-35.5%), from €1,611 to €1,039
- Trade debts +€5,736
up €5,736 (+1142.3%), from €502 to €6,238
- Tax, wage and social debts +€5,181
up €5,181 (+69.1%), from €7,500 to €12,681
- Reserves +€3,076
up €3,076 (+13.9%), from €22,115 to €25,191
- Other debts +€859
new in 2025: €859
- Gross operating margin -€21,738
down €21,738 (-67.0%), from €32,460 to €10,722
- Taxes -€6,176
down €6,176 (-82.3%), from €7,500 to €1,324
- Financial charges +€3,280
up €3,280 (+15385.2%), from €21 to €3,301
- Depreciation -€2,170
down €2,170 (-72.2%), from €3,005 to €836
- Other operating charges +€1,812
up €1,812 (+1375.7%), from €132 to €1,944
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,117 | €46,970 | +€14,853 | +46.2% |
| Formation expenses | 20 | €264 | €0 | -€264 | -100.0% |
| Fixed assets | 21/28 | €1,611 | €1,039 | -€572 | -35.5% |
| Tangible fixed assets | 22/27 | €1,611 | €1,039 | -€572 | -35.5% |
| Furniture and vehicles | 24 | €1,611 | €1,039 | -€572 | -35.5% |
| Current assets | 29/58 | €30,242 | €45,930 | +€15,688 | +51.9% |
| Amounts receivable within one year | 40/41 | €10,646 | €18,688 | +€8,043 | +75.5% |
| Trade receivables | 40 | €511 | €13,825 | +€13,314 | +2606.7% |
| Other amounts receivable | 41 | €10,135 | €4,863 | -€5,272 | -52.0% |
| Cash at bank and in hand | 54/58 | €19,597 | €27,242 | +€7,646 | +39.0% |
| Total equity and liabilities | 10/49 | €32,117 | €46,970 | +€14,853 | +46.2% |
| Equity | 10/15 | €24,115 | €27,191 | +€3,076 | +12.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €22,115 | €25,191 | +€3,076 | +13.9% |
| Distributable reserves | 133 | €22,115 | €25,191 | +€3,076 | +13.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,002 | €19,779 | +€11,776 | +147.2% |
| Amounts payable within one year | 42/48 | €8,002 | €19,779 | +€11,776 | +147.2% |
| Trade debts | 44 | €502 | €6,238 | +€5,736 | +1142.3% |
| Suppliers | 440/4 | €502 | €6,238 | +€5,736 | +1142.3% |
| Taxes, remuneration and social security | 45 | €7,500 | €12,681 | +€5,181 | +69.1% |
| Taxes | 450/3 | €7,500 | €12,681 | +€5,181 | +69.1% |
| Other amounts payable | 47/48 | - | €859 | +€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,005 | €836 | -€2,170 | -72.2% |
| Other operating charges | 640/8 | €132 | €1,944 | +€1,812 | +1375.7% |
| Gross operating margin | 9900 | €32,460 | €10,722 | -€21,738 | -67.0% |
| Operating profit (loss) | 9901 | €29,323 | €7,942 | -€21,381 | -72.9% |
| Financial income | 75/76B | €313 | €618 | +€305 | +97.2% |
| Recurring financial income | 75 | €313 | €618 | +€305 | +97.2% |
| Financial charges | 65/66B | €21 | €3,301 | +€3,280 | +15385.2% |
| Recurring financial charges | 65 | €21 | €3,301 | +€3,280 | +15385.2% |
| Profit (loss) for the period before taxes | 9903 | €29,615 | €5,259 | -€24,356 | -82.2% |
| Income taxes | 67/77 | €7,500 | €1,324 | -€6,176 | -82.3% |
| Profit (loss) for the period | 9904 | €22,115 | €3,935 | -€18,180 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,115 | €3,935 | -€18,180 | -82.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.